Technology

Minneapolis, Minnesota-based Wolters Kluwer Financial Services announced last week that the company is expanding the reach of its CompliSource solution to the community banking marketplace. The tool, which was previously only available to larger lenders, now offers community banks a means for managing state and federal compliance law governing consumer finance, indirect lending, and mortgage lending.

Fairfax, Virginia-based CGI Group Inc., a provider of information technology and business process services, announced on Tuesday the launch of a collections microsite focused on helping banks turn rising delinquencies into recoveries.

Real property research provider RedVision announced on Friday that it has acquired New York’s Real Property Technologies, LLC, parent company of Barretta Realty Skyline:http://www.brsonline.

Throwing out the traditional business-to-business model of buying and selling mortgage debt notes, Newport Beach, California-based BigBidder.com, is exposing this widely undiscovered investment opportunity to a broader scope of investors.

CGI Group Inc., a global provider of information technology and business process services, and Seattle’s Varolii Corporation, an outbound communications technology provider, have partnered to provide banks with self-service collections and recovery options in response to tough economic times.

DocuTech Corp., a provider of compliance services and document technology for the mortgage industry, has opened a new office in Portland, Oregon. The company said its expansion is to meet growing customer and technology development needs in the mortgage marketplace.

Scottsdale, Arizona-based Response Analytics Inc. has released a new software module developed for mortgage servicers, investors, and mortgage insurers that the company says dramatically simplifies the administration of loan modifications under the federal government’s Making Home Affordable plan unveiled earlier this month.

Bethesda, Maryland’s Overture Technologies, a provider of decisioning solutions for mortgage lending, and Residential Credit Solutions, Inc. (RCS), a Fort Worth, Texas-based mortgage servicing company, announced on Monday that RCS will implement Overture’s Mozart for Special Servicing to identify optimal workout options for delinquent borrowers.

Two Texas companies, SigniaDocs, a provider of electronic mortgage services, and World Wide Notary, a provider of electronic notarization, announced on Monday that they have integrated their platforms to support eSignatures and eNotarizations for any mortgage document or document set.

Santa Ana, California’s RealEC Technologies Inc., a provider of collaborative mortgage network solutions that is majority-owned by Lender Processing Services, today announced that it has surpassed a milestone of more than 42 million real estate orders processed through its network, since the company was founded in 1998.